Real Estate Blog

Make no mistake — commercial real estate brokers can be a competitive bunch. Certainly, it's a trait that can contribute to their success.

But as Triad Business Journal revealed the inaugural Commercial Real Estate Deal Makers Awards Thursday night, there was also a sense of genuine camaraderie. Brokers who often compete for deals came together over brews and food, as the attached gallery reveals. They congratulated one another as the top producers were counted down in nine different categories…

A new master plan and vision for the future of Ballantyne Corporate Park in south Charlotte represents a remarkably different look and feel for the 535-acre master-planned office park that Northwood Investors acquired two years ago for more than $1 billion — overwhelmingly the largest real estate transaction ever in Charlotte.

Combined, both projects represent $3.2 million in new investments.

A local developer is putting in a five-story, eco-friendly apartment along Roosevelt Row. It's the next evolution in green building in downtown Phoenix.

A new data center is coming online in Mesa, and Business Journal photo editor Jim Poulin took a look behind the scenes at its construction.

Scott Higashi has resigned from his position as president and CEO of Locations LLC and Bill Chee, founder of the Honolulu residential real estate firm, has stepped in as interim CEO.

Employees and agents at Locations, which is one of the largest real estate firms in Hawaii, were told of Higashi’s departure on Wednesday, a spokeswoman told Pacific Business News.

“The board accepted Scott’s resignation as they recognized the contributions that he has made over the years,” Chee said in a statement.…

Sales of homes above $2.5 million are again popping in San Francisco after a chilly winter for real estate in the city, according to a June report by Compass.

The report, released this week, reveals that the number of luxury homes sold in the city hit a new high in May with 79, surpassing the previous high of 70, which was set in May of last year. New highs for luxury sales were also set in San Mateo County and in the Oakland-Piedmont area, said Patrick Carlisle, chief market analyst at Compass.…

Central Florida home sales are slowing down.

Specifically, the number of single-family houses sold in Orange and Seminole counties declined 11% to 5,811 in first-quarter 2019, when compared with 6,534 homes sold in first-quarter 2018, according to the Orlando Regional Realtor Association.

Click through the gallery above to learn which neighborhoods logged the most residential deals in first-quarter 2019. And see the one below for the most expensive ZIP codes in town, based on the average home…

A 14-room home located at Geneva National golf resort in Lake Geneva recently became available for $1.3 million.

Located on the Arnold Palmer signature course, the home features five bedrooms, a movie theater, personal elevator, custom patio with grill, and a double-sided stone fireplace in the great room.

The brick-built home spans 6,400 square feet and was constructed in 2007 by Burlington builder Frank Guido Construction.

The home at 1321 St. Andrews Road also includes a sun room, study…

A strong economy and population growth have helped propel rent growth around the Phoenix area. But the market likely will see some moderation in the coming years, says one expert.